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Soccer Stadium Dropped from Proposed Albany Redevelopment Project

Soccer Stadium Dropped from Proposed Albany Redevelopment Project

by Phil Hall | Apr 29, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A proposed redevelopment project in Albany, New York, that was centered around the creation of an 8,000-seat minor league soccer stadium is going forward without the sports venue. The Albany Times-Union reports the project to reanimate the downtown section of the New...
San Francisco’s Historic Ghirardelli Square is Sold

San Francisco’s Historic Ghirardelli Square is Sold

by Phil Hall | Apr 27, 2026 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The investment firm Embrace Real Estate and its affiliate 1823 Partners, an independent asset management firm, announced their acquisition of Ghirardelli Square, the historic waterfront landmark in San Francisco’s Fisherman’s Wharf district. Ghirardelli Square...
Mortgage Delinquency Rates for Commercial Properties Up During Q1

Mortgage Delinquency Rates for Commercial Properties Up During Q1

by Phil Hall | Apr 27, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Delinquency rates for mortgages backed by commercial properties increased to 4.02% during the first quarter of 2026, up from 3.86% in the fourth quarter of 2025. According to data from the Mortgage Bankers Association (MBA), the share of loans that were delinquent...
Chicago’s Water Tower Place Announces Redevelopment Plans

Chicago’s Water Tower Place Announces Redevelopment Plans

by Phil Hall | Apr 27, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Water Tower Place, the mixed-use development consisting of 758,000-square-foot shopping mall in a 74-story skyscraper on Chicago’s Magnificent Mile, announced plans for a $170 million redevelopment. The property, which first opened in 1976, will be reconfigured with a...
Retail Rent Growth Slowed During Q1

Retail Rent Growth Slowed During Q1

by Phil Hall | Apr 22, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Retail asking rent growth slowed to 1.9% year-over-year during the first quarter, extending a downward trend that started in 2024. According to a data analysis from CoStar Group (NASDAQ: CSGP), several Sun Belt markets that led rent growth earlier in the cycle –...
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